Michelle Asks… Are there any obstacles I need to be aware of as a single buyer?

You’re in good company, Michelle. About one out of every four home buyers is single. So, don’t let being single hold you back. As a single buyer, you’ll have to qualify for a loan based on your income alone while many couples have two incomes to rely on. Another advantage of shopping as a couple — a built in second opinion. You may want to ask a friend or two to help you shop as you’re looking for your new home just to have another opinion. Get your loan approval early so you know what you can spend. And try to come in under budget to give yourself a little extra cushion in case you run into unexpected expenses later on.Give me a call if you have other questions about being a single buyer at 303-696-6933.


Meet Cheryl!

About Cheryl

As a successful business owner and community leader, Cheryl Braunschweiger is known and respected for getting things done with a degree of skill and enthusiasm that bring out the best in those around her - colleagues, clients and friends. The name of her business, ALMC Mortgage, reflects Cheryl's philosophy and personality. She says it stands for All Loans Must Close –a reflection of her determination to do whatever it takes to serve her clients. Cheryl has been in the mortgage lending business for 20 years. Read More About Cheryl
This entry was posted in Home Buying, Home Ownership, Mortgages and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *